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Class-action lawsuit calls for jewellery and gemstone businesses - Jeweller Magazine: Jewellery News and Trends


Class-action lawsuit calls for jewellery and gemstone businesses
Posted August 03, 2021 | By Arabella Roden • Editor
Gordon Legal, which is representing a number of retailers against insurance company Lloyds of London, has called for more businesses to join the class-action lawsuit.
The focus of the class-action – which was launched in July – is business interruption insurance policies, underwritten by Lloyds of London, and whether or not they provide protection against closures mandated by the COVID-19 pandemic.
We believe that the insurers have wrongly denied claims to thousands of jewellery businesses and gem merchants, and failed to support them when they needed it most ....

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Omni Bridgeway names new head of investor relations

Omni Bridgeway names new head of investor relations Omni Bridgeway names new head of investor relations Share Listed litigation funder Omni Bridgeway has appointed a new Sydney-based head of investor relations. Mel Buffier (pictured), whom the litigation funder described as being a “highly regarded senior investor relations professional with more than 20 years of finance and capital markets experience”, will serve as Omni Bridgeway’s new head of investor relations. Advertisement ); googletag.cmd.push(function() { googletag.display( div-gpt-ad-1606778613657-0 ); }); } Advertisement In a statement, the funder said: “Ms Buffier is skilled in designing and managing stakeholder communication programs for complex business and market issues, including corporate reporting, capital transactions, strategic positioning, and exceptional market disruption events such as COVID-19.” ....

New South Wales , Jerome Doraisamy , Mel Buffier , Omni Bridgeway , Andrew Saker , புதியது தெற்கு வேல்ஸ் , ஓம்நி பிரிட்ஜ்வே , ஆண்ட்ரூ சக்கேற் ,

Maturity and mergers


As litigation funding progresses at varying speeds in different jurisdictions, the UK market has reached a level of maturity. But it remains dynamic and has much further to progress. According to a report published by RPC in March, the combined value of court cases in the pipeline and cash assets directly held by UK litigation funders reached a new high of £2bn last year. Expectations are that this figure will continue to increase.
Ian Madej
When the criminal convictions of 39 former British postmasters were quashed in April, the FT headline ran: ‘Post Office scandal shows value of litigation funds’, followed by a comment underneath: ‘When it comes to challenging appalling behaviour by a deep-pocketed establishment entity, some private firepower is essential.’ ....

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